piparmy

GBPAUD Long Entry Area - GBP-CPI

Long
piparmy Updated   
FX:GBPAUD   British Pound / Australian Dollar
This entry area of 159.50-60 will be predicated on the GBP CPI driving price down to this level.

Once this level is hit I will look for a specific entry level and I will also post my price targets as well.

This is not a high probability trade..its ONLY valid if the CPI numbers drive the Cable lower.

We'll keep you posted.
Comment:
Our Long Position Entry is set at 15960
Comment:
I have removed the set Buy entry of 1.5960 because of such a rapid decline to this area...it certainly could blow thru and continue down further with that kind of momentum...so now we just await the corresponding Long Signal and then we will post the price targets.

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